Endo Pharmaceuticals (Nasdaq: ENDP) announced today the completion of its acquisition of HealthTronics, Inc. (Nasdaq: HTRN), a leading U.S. provider of urological products and services, located in Austin, Texas.
On July 12, 2010, Endo acquired HealthTronics through a tender offer and subsequent merger upon which HealthTronics became a wholly owned subsidiary of Endo.
"The HealthTronics acquisition marks an important step forward in Endo's strategy to diversify beyond pharmaceuticals and solidifies Endo's commitment to the field of Urology," said Dave Holveck, president and CEO of Endo. "Urology practices, the patients they serve and payers will all benefit from the integration of Endo and HealthTronics through our combined expertise, products and services."
SOURCE Endo Pharmaceuticals